Common use of Enforceability of Loan Documents Clause in Contracts

Enforceability of Loan Documents. Each Loan Document to which the Borrower is a party constitutes, and each Loan Document to which the Borrower will be a party, when delivered hereunder, will constitute, a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its respective terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Enforceability of Loan Documents. Each Loan Document to which the Borrower is a party constitutes, and each Loan Document to which the Borrower will be a party, when delivered hereunder, will constitute, a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its respective terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or other laws affecting creditors' ’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Enforceability of Loan Documents. Each Loan Document to which the Borrower is a party constitutes, and each Loan Document to which the Borrower will be a party, when delivered hereunder, will constitute, a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its respective terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or other laws affecting creditors' ’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Enforceability of Loan Documents. Each of the Loan Document Documents to which the any Borrower is a party constitutes, has been duly executed and each Loan Document to which delivered by such Borrower and constitutes the Borrower will be a party, when delivered hereunder, will constitute, a legal, valid and binding obligation of the such Borrower, enforceable against the such Borrower in accordance with its respective terms, subject to except as may be limited by applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or other laws affecting creditors' rights generally and subject to similar laws, or by general principles of equity, equity (regardless of whether considered enforcement is sought in a proceeding at law or in equity or at lawequity).